Solventum Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	8,163	8,325	8,254	8,197	8,130	8,171
Revenue Growth	-2.84%	0.86%	0.69%	0.82%	-0.50%	12.22%
Cost of Revenue	3,769	3,865	3,642	3,504	3,435	3,248
Gross Profit	4,394	4,460	4,612	4,693	4,695	4,923
Selling, General & Admin	3,200	3,056	2,752	2,303	2,236	2,282
Research & Development	712	727	768	758	767	766
Operating Expenses	3,912	3,783	3,520	3,061	3,003	3,048
Operating Income	482	677	1,092	1,632	1,692	1,875
Interest Expense	-245	-347	-367	-	-	-
Other Non Operating Income (Expenses)	-7	2	-57	-21	-	7
EBT Excluding Unusual Items	230	332	668	1,611	1,692	1,882
Merger & Restructuring Charges	-191	-86	-62	-	-	-
Gain (Loss) on Sale of Assets	31	1,549	-	56	-	-
Other Unusual Items	100	-82	-	-	-	-
Pretax Income	170	1,713	606	1,667	1,692	1,882
Income Tax Expense	14	157	127	321	349	422
Net Income	156	1,556	479	1,346	1,343	1,460
Net Income to Common	156	1,556	479	1,346	1,343	1,460
Net Income Growth	-89.76%	224.84%	-64.41%	0.22%	-8.01%	28.29%
Shares Outstanding (Basic)	173	174	173	173	173	-
Shares Outstanding (Diluted)	174	175	174	173	173	-
Shares Change	-0.46%	0.92%	0.58%	-	-	-
EPS (Basic)	0.90	8.94	2.77	7.79	7.78	-
EPS (Diluted)	0.90	8.88	2.76	7.79	7.78	-
EPS Growth	-89.68%	221.74%	-64.57%	0.17%	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-	-10	805	1,625	1,428	1,925
Free Cash Flow Per Share	-	-0.06	4.63	9.41	8.27	-
Gross Margin	53.83%	53.57%	55.88%	57.25%	57.75%	60.25%
Operating Margin	5.91%	8.13%	13.23%	19.91%	20.81%	22.95%
Profit Margin	1.91%	18.69%	5.80%	16.42%	16.52%	17.87%
Free Cash Flow Margin	-	-0.12%	9.75%	19.82%	17.57%	23.56%
EBITDA	1,003	1,166	1,647	2,193	2,270	2,472
EBITDA Margin	12.29%	14.01%	19.95%	26.75%	27.92%	30.25%
D&A For EBITDA	521	489	555	561	578	597
EBIT	482	677	1,092	1,632	1,692	1,875
EBIT Margin	5.91%	8.13%	13.23%	19.91%	20.81%	22.95%
Effective Tax Rate	8.24%	9.16%	20.96%	19.26%	20.63%	22.42%
Revenue as Reported	8,163	8,325	8,254	8,197	8,130	8,171

SEC Filings: 10-K · 10-Q